Tuesday, February 17, 2009

sketches about Keynesian Economics

New sketches for an illustration project about Keynesian Economics. I'm trying to not be literal, but maybe I'm not literal enough....I'll just have to wait and see what my teacher thinks. The idea I'm addressing is the use of this theory that was outdated for a certain period of time, but is now being used to solve this economic crisis because.....it's all anyone can come up with right now.
The last 20 minutes of This American Life's "The New Boss" explains Keynesian Economics very clearly and I found it very helpful.
Oh, and there....might/might not be a Tardis in my sketches. lol.


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  2. "it's all anyone can come up with right now."

    I have to disagree vehemently with this point. The Austrian economists have been predicting this economic collapse while the Keynesians were still buying overvalued houses...

    Of course, the Austrian solutions (AKA do nothing) are getting ignored while Keynesian policies of deficit spending are being employed (to fix problems caused by too much debt and easy money)